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1229 Mercantile St - Mixed Use Commercial - Indigo 0.21 Acres of Commercial Land Offered at $1,342,468 CAD in Richmond, TX 77406

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INVESTMENT HIGHLIGHTS

  • Possibly the most walkable neighborhood in the entire Houston region.
  • Located on central promenade
  • 60% of the community is green space

EXECUTIVE SUMMARY

Rare opportunity to purchase commercial property on the central park promenade of a master-planned community.
Beautifully designed greenspace will be activated by community events and will be fronted by restaurants and other businesses, including the Filling Station (run by Della Coffee).
This is all at the heart of Indigo, the walkeable community designed to build connections and community between neighbors. The property is a stone's throw from the 4 acre neighborhood farm.
Indigo Commons sits conveniently on Harlem Road, the busy commercial corridor between 99 and highway 90.
This is land for sale, and buyer will design and build own building. Architecture Guidelines provided by Developer.
All parking provided, and utilities brought to site. No designated parking, all shared.
Can build up to 6,000sq ft of building.
Could be a perfect location for a gym, a doctors office, a law office, a realtor team, or architecture or engineering firm.
Come tour our site!

PROPERTY FACTS

Price $1,342,468 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Post Office
  • Public Library
  • Schools
Total Lot Size 0.21 AC
Opportunity Zone Yes
Zoning Mixed use commercial - Mixed use property. Desired use if office upstairs, retail downstairs. Great location for a gym.

1 LOT AVAILABLE

Lot Reserve Y

Price $1,342,468 CAD
Price Per AC $6,302,162.25 CAD
Lot Size 0.21 AC

All utilities brought to site. Parking provided, off property. Perfect for 2 stories and 6k sq ft of building. Great for upstairs office and ground floor retail. Buyer can design and build own building to their taste.

DESCRIPTION

9,279sq ft of land in the heart of the commercial town center of Indigo, a new walkable master planned community in fast growing Fort Bend County. Community will include 700 homes and 150 apartments. Two small apartment complexes, and 22 mixed use buildings that may include apartments will be in the Commons next to this property. Many young families are moving into the area, and with a smaller than average home size, and a higher than average household income, residents in Indigo will be excited about "third-places" to spend their time, and are excited to have retail and employment opportunities that they can walk to. Property is right off of Harlem Road, and there is a one way "slip street" that runs parallel to Harlem that goes in front of the property to allow for drop off/pick up, and on street parking. All parking provided by developer, no designated parking, all shared. What sets Indigo apart is that the entire community is in walking distance to the Commons - the pedestrian focused design was intended to give children freedom to roam in the community. Property includes 4 acres of farm land that is separates the property from Harlem Rd, providing access to nature and separating children from busy road. The farm is used to raise chickens and vegetables - the vegetables are sold in the Commons, and the farmers are from a company that the HOA for the community hires. Property subject to a Commercial Association. Property is in Richmond ETJ, and participates in a MUD. 1% of sales price is charged to fund non-profit Foundation that supports the community.

  • Listing ID: 35459285

  • Date on Market: 2025-04-11

  • Last Updated:

  • Address: 1229 Mercantile St, Richmond, TX 77406

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